Prior to his SBA appointment, Shepard was most recently a Partner and Managing Director of Archway Capital Management, and was previously a Director of Banc One Capital Markets, the investment banking and private equity group of Bank One Corporation, now JP Morgan Chase, which also managed seven bank-owned SBICs. In both positions, he was responsible for evaluating and processing direct equity and mezzanine investments, as well as providing merger, acquisition, advisory, and investment banking services. Prior to Bank One, Mr. Shepard was an investment banker in the Investment Banking Department of Principal Financial Securities, now Wells Fargo Securities. He was active in public stock offerings, leveraged acquisition transactions, and private placements of debt and equity capital for a wide range of public and private companies. He is a former investment analyst with the private equity firm Texas Pacific Capital, where he evaluated venture capital investments in early-stage growth and technology companies. Mr. Shepard began his professional career as a management consultant with KPMG.
Shepard holds a Bachelor of Business Administration degree from Harding University and earned a Master of Business Administration from Southern Methodist University.